Back 306/12 Salonika Street
Off Market

306/12 Salonika Street

Parap NT 0820

1
1
1
Apartment
Last sold for $375,000
Billy ReesBilly Rees, last sold this property on 14 March 2022 after 81 days on market.

Overview

Investor Perfection

This modern apartment is perfect for an investor Located a small walk from Casino, Mindil beach, Botanic Gardens and some of Darwin's favourite eateries. As an investment the building is very popular and historically offers low vacancy rates with good returns on rent. Tucked away from busy roads 306/12 Salonika allows for convenient access heading into or away from the city yet when at home it is a quiet space to wind down. As one of Darwin's highest quality buildings with exceptional amenities you will find that it offers me of the best value in the market. The building amenities include: * One of Darwin's highest quality building * Pool * Golf net to practice your drive * Synthetic putting green * Large entertaining areas shared *Own large private balcony *Gym *BBQ Area *Communal Gardens ( vegetables and Natives) *2 x Cafes *Many other convenient retail services at your door. * 6.5% renal yield *High Demand building with renters This property is going to go quickly so don't hesitate to call for an inspection Inspections by appointment

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Parap over the last 12 months, the estimated median property value of 306/12 Salonika Street is $351.72k.

Median value
$351.72k
Estimated value range
$320k - $395k
Median days on market
22
Estimated value trend
56%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parap. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 306/12 Salonika Street

2025
Rented
Undisclosed
Leased on 30 Aug 2025 by Raine & Horne Darwin
2025
Rented
Undisclosed
Leased on 29 Aug 2025 by Raine & Horne Darwin
2024
Rented
Undisclosed
Leased on 13 Aug 2024 by Raine & Horne Darwin

Happy sellers in Parap

66%
66% of sellers in Parap reported that their sale price either exceeded or met their price expectations.

Parap stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Parap over the last 12 months.

Local market activity for 1 bedroom apartments in Parap

In the last 12 months, 7 one-bedroom apartments similar to 306/12 Salonika Street, have been sold.

This represents a 133% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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